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| Butzengeiger, Sonja. |
| Regardless the fact that the Kyoto Protocol of the UNFCCC has not been enforced internationally yet, many industrialised nations have already become active in setting up national climate programmes. Some states like the United Kingdom and Denmark are within the implementation process of national emissions trading regimes, others - like Australia, France, the Netherlands, Norway, New Zealand and also Germany - have started consultations on such systems. Some voices argue that emissions trading does not comply with legal requirements in Germany and therefore cannot be implemented. The purpose of this discussion paper is to review literature and expert discussions on the issue and to evaluate the thesis above. A juridical evaluation of a German emissions... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2001 |
URL: http://purl.umn.edu/26336 |
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| Butzengeiger, Sonja; Betz, Regina; Bode, Sven. |
| Art. 17 of the Kyoto Protocol defines International Emissions Trading exclusively on country level, sub-national entities like industrial installations or households are not included initially. However, there are some arguments for such an expansion, of which the most important ones are a significant increase of the overall efficiency of the trading system as well as an increase of market liquidity. In the first part of this paper, the options for an inclusion of sub-national entities are analysed, concluding that AAUs should not be allocated to participants directly. Instead, there are several options how those entities can be included in International Emissions Trading as defined in the Kyoto-Protocol in an indirect way. The second part of the paper... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2001 |
URL: http://purl.umn.edu/26153 |
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